7701 S Eggleston Avenue, Chicago, IL

$375,000

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0.12

Acres

About 7701 S Eggleston Avenue

OpenHouses on October 3rd from 10am-1pm & October 4th from 1pm-4pm. Until Just Recently, This Building Total Monthly Income of $8,100 per Month & Can be Filled w/ Tenants Quickly, & Has Potential for a Cap Rate: 19.5% & Cash-on-Cash Return: 42% - Nearly Impossible to Find Anywhere! With Some Updates, You Should be Able to Rent Units to Achieve Gross Rents of $10,500-$11,000 Monthly. 7 of 9 Units Now Vacant - All-Brick 9-Unit on a Quiet Block in Chicago's Hidden Gem - Winneconna Parkway! Check Out This Incredible Investment Opportunity Located in One of Chicago's Most Unique & Desirable Residential Enclaves! Situated in Historic Winneconna Parkway, This All-Brick 9-Unit Building is a True Blank Canvas for the Savvy Investor! With Only 2 Units Occupied, the Next Owner Can Skip Inherited Tenants & Start Fresh w/ Their Own Screening Criteria, Lease Terms & Rent Levels. Light Updates to the Vacant Units Can Position the Building for Strong Rental Income & a Higher Valuation Upon Stabilization - Ideal for Buyers Seeking Forced Appreciation! Featuring Six (2 Bed / 1 Bath) Units and Three (1 Bed / 1 Bath) Units - Totaling 15 Bedrooms and 9 Bathrooms! Most Units Have Gorgeous Hardwood Floors and Separate Living & Dining Rooms! Boiler System Under 9 Years Old - Reducing Near-Term Maintenance Costs! All Units Include Stoves & Refrigerators. Large Building w/ 6,528 Sq Ft & Multiple Basements. Beyond the Numbers, This Building is Located in the Winneconna Parkway / Auburn Park Area, a True Hidden Treasure in One of the Nicest Residential Blocks in All of Chicago. Developed in the Late 1800s on Land Once Owned by Chicago's First Mayor, William B. Ogden, the Area is Known for its Serene Lagoons, Charming Bridges & Historic Architecture! This is More Than Just an Apartment Building - It's an Opportunity to Own Property in a Historically Rich & Highly Promising Area of Chicago. The New Metra Auburn Park Station is Coming to Winneconna Parkway & 79th Street! The 79th Street Corridor Plan is Set to Completely Revitalize and Transform the Area w/ a Vibrant Mix of New Uses! Don't Miss Out on This Rare 9-Unit w/ Massive Upside Potential! OpenHouses on October 3rd from 10am-1pm & October 4th from 1pm-4pm

Open House

Sun, Oct 4th, 2026 @ 1pm - 4pm

Features of 7701 S Eggleston Avenue

MLS® # 12767989
Price $375,000
Bathrooms 0.00
Acres 0.12
Year Built 1924
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 7701 S Eggleston Avenue
Area CHI - Greater Grand Crossing
City Chicago
County Cook
State IL
Zip Code 60620

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 8
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty - Chicago North Ave

Listing Map

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